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Oct 4, 2012
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the challenger, it was the budget and taxes. president obama spent the third most time talking about budget and taxes, about a minute less than governor romney. romney's number three issue was health care. big differences when you drill down. take a look at energy, president obama spent 19 secti9 seconds on energy. governor romney, 1:43 seconds. when asked a question about education, he pivoted to energy. 2:17. president obama devoted 4:15, almost twice as much. watching this very closely. anderson, back to you. >> john king locklooking closer at the flash poll numbers. you have numbers on the economy. >> they asked the question, who would better handle the economy? let me scroll down. clear in the poll, the overall verdict to governor romney who won the debate. who better to handle the economy, obama 43, romney 55. the defining question of the election. >> compared to where it was before? >> we have to be careful this is registered voters who watched the debate. in our most recent national poll, they were tied on that question.
the challenger, it was the budget and taxes. president obama spent the third most time talking about budget and taxes, about a minute less than governor romney. romney's number three issue was health care. big differences when you drill down. take a look at energy, president obama spent 19 secti9 seconds on energy. governor romney, 1:43 seconds. when asked a question about education, he pivoted to energy. 2:17. president obama devoted 4:15, almost twice as much. watching this very closely....
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Oct 7, 2012
10/12
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he said 30% tax cuts on corporate taxes and he has a series of other tax cuts he's promised that add up to $4.8 trillion. he cannot name one loophole that he would close. if you took away all the loopholes for upper-income americans, every single one of them, he would still be trillions of dollarss short. me has to sock it to the middle class or explode the deficit. > deficit. >> reporter: what you're saying it it is unrealistic-- >> i'm saying it's impossible, not unrealistic. >> when president obama said in 2008 i'm going to cut the deficit in half, i'm going to close guilt me, people-- gitmo, people said-- did not sigh he was not telling the truth. >> closing gitmo involved congress and he couldn't get them to do that. the math, people over $200,000, and you still have a trillions of dollars hole, and he hasn't named the deductions he would close. this is a shell game, john. whichever shell you pick up, the middle class loses. the economy will lose, and i think that this is going to catch up with him. >> schieffer: what did the president think of his performance? >> i think the pr
he said 30% tax cuts on corporate taxes and he has a series of other tax cuts he's promised that add up to $4.8 trillion. he cannot name one loophole that he would close. if you took away all the loopholes for upper-income americans, every single one of them, he would still be trillions of dollarss short. me has to sock it to the middle class or explode the deficit. > deficit. >> reporter: what you're saying it it is unrealistic-- >> i'm saying it's impossible, not unrealistic....
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Oct 5, 2012
10/12
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he talks about enron, using tax accountants and tax loopholes to make money and -- and... and mistreat employees. he said, it's not the equivalent of dogs and fire hoses, but i am not saying what enron executives did is the moral equivalent, but the folks at enron feel violated. he's making a racial interpretation of what was going on at the time. >> just to put it in context, it is speech was given at the university of chicago, on martin luther king day. i went to the university of chicago. as an undergrad. they have this event every martin luther king day, it's a frank discussion about race and politics. so to me, it wasn't surprising to see president obama -- or then senator obama speak frankly about race. >> greta: how does the obama team feel today? you were on a conference call today? >> i was on the obama campaign conference call after the debate last night. look, it seemed to me that it took them 12 hours to figure out what the spin was going to be. it was a clear, decisive loss. everyone watching the debate thought that president obama lost last night. the obama c
he talks about enron, using tax accountants and tax loopholes to make money and -- and... and mistreat employees. he said, it's not the equivalent of dogs and fire hoses, but i am not saying what enron executives did is the moral equivalent, but the folks at enron feel violated. he's making a racial interpretation of what was going on at the time. >> just to put it in context, it is speech was given at the university of chicago, on martin luther king day. i went to the university of...
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Oct 4, 2012
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to do to the tax code. he has a tax cut that would cost $5 trillion. that part is true. the president is right about that. romney said from the very beginning, he's consistent so nothing he said last night was new. it's important to put that clearly. he's always said he will pay for that tax cut. that tax cut will not be passed the way it is currently in. he will work with congress to find offsets. romney has not named any offsets or shown how to pay for it, and it's not clear that he can, given the size of it and given his promise of not letting it become a tax cut for the rich. that's what romney did last night. every time obama said you have a $5 trillion tax cut, he said no i don't. the truth is we don't know what it is. as he's running for president, i think it's information that we're frankly entitled to. >> let me play another clip. the president criticized romney for a lack of specifics in the tax plan and wall street reform and health care. that's how that went down. >> my experience as a governor
to do to the tax code. he has a tax cut that would cost $5 trillion. that part is true. the president is right about that. romney said from the very beginning, he's consistent so nothing he said last night was new. it's important to put that clearly. he's always said he will pay for that tax cut. that tax cut will not be passed the way it is currently in. he will work with congress to find offsets. romney has not named any offsets or shown how to pay for it, and it's not clear that he can,...
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Oct 9, 2012
10/12
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when governor romney in 2012 makes a campaign promise about taxes, the obama campaign calls governor romney a liar. why is one guy's campaign promises now broken? not a lie, the other guy's campaign promises a lie. how can that be? here's david axelrod on cbs's "face the nation." are you saying that governor romney died or was dishonest? >> dishonest, absolutely. when he said he never proposed $5 trillion in tax cuts, that was dishonest. >> when senator obama said in 2008, i'm going to cut the deficit in half, close gitmo, people said that was unrealistic, but didn't say he wasn't telling the truth. there's a difference, isn't there? >> no. closing gitmo involved an act of congress, and he wasn't able to get congress to agree with him on that question. this is basic math. >> greta: joining us our political panel, abc news senior washington editor rick klein, casey huntington, and byron york. rick, first you. i thought it was executive order to close gitmo, just needed congress to place the people. am i right? >> they realized it was going to be harder than they wanted. the distinctio
when governor romney in 2012 makes a campaign promise about taxes, the obama campaign calls governor romney a liar. why is one guy's campaign promises now broken? not a lie, the other guy's campaign promises a lie. how can that be? here's david axelrod on cbs's "face the nation." are you saying that governor romney died or was dishonest? >> dishonest, absolutely. when he said he never proposed $5 trillion in tax cuts, that was dishonest. >> when senator obama said in 2008,...
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Oct 2, 2012
10/12
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now, as for those specifics on taxes, i go back to the last time we successfully had major tax reform which was in 1986 with ronald reagan as president. he didn't come out with all the specifics. he worked with the congress behind the scenes, and they achieved meaningful tax reform because they kept those discussions private, they didn't draw public lines in the sand and therefore, they emerged successful. successful pattern to follow, ronald reagan's. on the other hand, you had the debt limit talks in 2011 where president obama in the middle of talks never, until this day, has gotten specific. we don't know if he offered to raise the medicare retirement age. we don't know how much he said he would cut medicare and enact entitlement reform. so he did the opposite. he went into a serious negotiation not as a candidate but as the president and never got specific. it's one of the reasons we never got a big debt limit deal. so i think mitt romney actually is following the reagan pattern. the question is who when it comes to real negotiation with congress will follow through and get it don
now, as for those specifics on taxes, i go back to the last time we successfully had major tax reform which was in 1986 with ronald reagan as president. he didn't come out with all the specifics. he worked with the congress behind the scenes, and they achieved meaningful tax reform because they kept those discussions private, they didn't draw public lines in the sand and therefore, they emerged successful. successful pattern to follow, ronald reagan's. on the other hand, you had the debt limit...
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Oct 4, 2012
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let's talk about the tax cuts. he signalled over the last couple of days, details about how they would pay for it they didn't put out details, they backed away from it. they are not being honest with the american people. you know what's worse? he got testy about it, being on defense and i think that came across to the american people. >> the president seemed to get testy at one point when he was interrupted by jim lehrer. will the president do more debate prep before the next debate, prepare differently. do you think he didn't take this seriously enough? >> we feel good about the president's performance here tonight. he wasn't speaking to the people in the room, the pundit class, but people at home. i think what people heard tonight was a plan forward, a detailed plan on how we'll rebuild the economy and strengthen the middle class. another guy that got testy, interrupted the moderator. i wondered if we needed a moderator since we had mitt romney. and someone doubling down on the very same policies that crashed the
let's talk about the tax cuts. he signalled over the last couple of days, details about how they would pay for it they didn't put out details, they backed away from it. they are not being honest with the american people. you know what's worse? he got testy about it, being on defense and i think that came across to the american people. >> the president seemed to get testy at one point when he was interrupted by jim lehrer. will the president do more debate prep before the next debate,...
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are you satisfied with romney's answer on taxes? did he clarify his position on taxes? >> he not only clarified it you he was so emphatic on it he finally made a connection on people why his policies are better than the obama policies. i thought an absolute home run hitting on pro growth economic policies. he hasn't emphasized enoughment he did a masterful job on it last night u wow, you thought he won. >> absolutely. stuart: let me move on to jobs. show you what he said on jobs and get your reaction to it. >> look at the evidence of the last four years, it's absolutely extraordinary. we've got 23 million people out of work. or stopped looking for work in this country. it's just, we've got. >> all right. >> when the president took office, 32 million people on food stamps, 47 million on food stamps today. and economic growth this year. and slower than last year. and last year, slower than the year before. going forward with the status quo is not going to cut it for the american people who are struggling today. stuart: okay, going forward status quo, not good enough. did
are you satisfied with romney's answer on taxes? did he clarify his position on taxes? >> he not only clarified it you he was so emphatic on it he finally made a connection on people why his policies are better than the obama policies. i thought an absolute home run hitting on pro growth economic policies. he hasn't emphasized enoughment he did a masterful job on it last night u wow, you thought he won. >> absolutely. stuart: let me move on to jobs. show you what he said on jobs and...
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federal income tax, federal payroll tax, state income tax, state sales tax, state property tax, gasoline tax. it added up to well over 50% of what they earned. and your plan is to take the tax rate on successful small businesses from 35% to 40%. the national federation of independent businesses has said that will cost 700,000 jobs. i don't want to cost jobs. my priority is jobs. and so what i do is i bring down the tax rates, lower deductions and exemptions. the same idea behind bowles simpson, by the way, get the rates down, lower exemptions to create jobs. because there's nothing better to get to us a balanced budget than to have more people working, earning more money, paying more taxes. that's by far the most effective and efficient way to get this budget balanced. >> jim, you may want to move on to another topic, but i would just say this to the american people. if you believe that we can cut taxes by $5 trillion and add $2 trillion in additional spending that the military is not asking for, $7 trillion, just to give you a sense over ten years, that's more than our entire defense bu
federal income tax, federal payroll tax, state income tax, state sales tax, state property tax, gasoline tax. it added up to well over 50% of what they earned. and your plan is to take the tax rate on successful small businesses from 35% to 40%. the national federation of independent businesses has said that will cost 700,000 jobs. i don't want to cost jobs. my priority is jobs. and so what i do is i bring down the tax rates, lower deductions and exemptions. the same idea behind bowles simpson,...
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Oct 4, 2012
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romney's tax plan. for months he's been telling us that he'll cut everyone's taxes by 20%. so some of the country's brightest economists did the math and found that romney's tax plan promises to cut taxes by $5 trillion without adding to the deficit. but when mitt romney took to the stage last night, he delivered a line that beggared belief. >> no economist can say mitt romney's tax plan adds $5 trillion if i say i will not add to the deficit with my tax plan. >> so black is white, up is down, and everything is the way he says it is in the world of mitt romney. like yago, mitt romney delivered those lines in the presence of a black man, but on this occasion the president would not be deceived. he allowed mr. romney to rehearse the full extent of his lie and then just a few hours ago drew our attention to what really happened last night. >> the real mitt romney has been running around the country for the last year promising $5 trillion in tax cuts in favor of the wealthy. the fellow on stage last night said he didn't know anything about that. >> mr. romney is quite rightly b
romney's tax plan. for months he's been telling us that he'll cut everyone's taxes by 20%. so some of the country's brightest economists did the math and found that romney's tax plan promises to cut taxes by $5 trillion without adding to the deficit. but when mitt romney took to the stage last night, he delivered a line that beggared belief. >> no economist can say mitt romney's tax plan adds $5 trillion if i say i will not add to the deficit with my tax plan. >> so black is white,...
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the economy is languishing worse where looking for more tax hikes and four years ago it was zero tax hikes? we have all been hit now we know how the middle-class and people will be affected. obamacare has at least seven pin tax hikes and 30 more on top of that. charles: we discover a couple more every month. [laughter] but i know this bothers you. the vice president throws numbers out there that the rich are getting over $1 trillion from view. that never seems out of left field but resonates better they got tired of talking about millionaires and billionaires. >> i am spectacular the perplexed by joseph biden. at least the is consistent. this is simply incorrect if the administration believes by raising taxes we can get ourselves into solvency, he is simply incorrect. mitt romney talking about the tax issues how to back out of this situation was awesome. >> i don't know if they believe this helps economically with us verses them redressing the wrongs for those who benefited the most until four years ago. >> we have seen this obama's touting the buffer role with the minimum tax for mi
the economy is languishing worse where looking for more tax hikes and four years ago it was zero tax hikes? we have all been hit now we know how the middle-class and people will be affected. obamacare has at least seven pin tax hikes and 30 more on top of that. charles: we discover a couple more every month. [laughter] but i know this bothers you. the vice president throws numbers out there that the rich are getting over $1 trillion from view. that never seems out of left field but resonates...
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for every american that pays taxes, if the bush tax cuts expire, their taxes go up. president obama wants to vary that for people at $250,000, that's just the reality of it. >> this is a very important point about the distributional impacts of our tax policy. my understanding is that there had been a difference between mitt romney and the president. that mitt romney wants to make sure he preserves the tax cuts for those at the high end and the president doesn't want to. i want to establish for people watching that is still the case. >> of course it is. mitt romney wants to extend the bush tax cuts -- >> for high income earners. >> for everyone. if you leave those alone, there's no tax increase. if you get rid of the tax cuts for anybody, there will be an increase. the government is wasting enough money already. i believe in the ronald reagan approach -- if i can finish my answer, you should not feed the beast. let's put the beast on a diet and spend a little less money. >> did the department of homeland security, does that count as feeding the beast or not? >> i have
for every american that pays taxes, if the bush tax cuts expire, their taxes go up. president obama wants to vary that for people at $250,000, that's just the reality of it. >> this is a very important point about the distributional impacts of our tax policy. my understanding is that there had been a difference between mitt romney and the president. that mitt romney wants to make sure he preserves the tax cuts for those at the high end and the president doesn't want to. i want to...
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>> if you extend the bush tax cuts you don't cut taxes you keep taxes where they are. if you don't extend the bush tax cuts you raise taxes. if you don't extend the bush tax cuts in total you raise taxes. >> they're set to expire. it was your party that set them to expire. i would add. i wasn't -- sitting here at the desk i didn't do that the republican party was the one that decided to do that so you guys had to deal with the sunset provision. >> it's not an accounting measure. they're going to -- of course it's an accounting measure. >> i pay a certain level of tax this career. next year if the bush tax cuts expire i get a big tax increase but if the bush tax cuts don't expire i pay the same tax next year the same as i do this year. >> because you make a lot of money. mr. giuliani, you have a very large tax cut because you are, to your great credit, a high-earning individual and you'll see a large bounty from the tax cut. that's the question on the table. >> stop the ad silliness. the reality is it's true for everyone. let me finish my answer, rather than yelling and
>> if you extend the bush tax cuts you don't cut taxes you keep taxes where they are. if you don't extend the bush tax cuts you raise taxes. if you don't extend the bush tax cuts in total you raise taxes. >> they're set to expire. it was your party that set them to expire. i would add. i wasn't -- sitting here at the desk i didn't do that the republican party was the one that decided to do that so you guys had to deal with the sunset provision. >> it's not an accounting...
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Oct 6, 2012
10/12
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one is deficit reduction, one is tax cuts. if tax cuts get in the way, we'll do deficit reduction. gwen: there's another number. $716 million to deal with medicare but it's coming from different places and going to different places and therefore they find -- kind of ended up in a draw. >> for the president's health care plan, in order to fund it they assumed savings over 10 years of $716 billion for medicare. mitt romney called that a cut in medicare as if it was a cut in beneficiaries. it's meant to come from providers. however, what romney was saying is that if you take that much from providers, some of them are going to stop taking medicare parents. the trick for him is that paul ryan, his running mate, also assumed the same $716 billion. gwen: and i believe romney's answer to that was i'm the candidate. >> i'm the boss. we're going to put that money back into medicare. gwen: going into these debates we were all probably guilty of setting the expectations bar and it was pretty high for president obama. i think the polls before showed him like 51% thought he was going to win. 29%
one is deficit reduction, one is tax cuts. if tax cuts get in the way, we'll do deficit reduction. gwen: there's another number. $716 million to deal with medicare but it's coming from different places and going to different places and therefore they find -- kind of ended up in a draw. >> for the president's health care plan, in order to fund it they assumed savings over 10 years of $716 billion for medicare. mitt romney called that a cut in medicare as if it was a cut in beneficiaries....
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cut. >> the obama camp says independent groups say if you cut those tax rates for everybody 20%, it costs $5 trillion over ten years, true? >> not in the least bit true. >> stephen: true, not true, who cares? (laughter) it's over ten years. romney and ryan will only be in office for eight of those. let president bachmann worry about it in 2020. that is what hindsight is for. but folks, just listen to this pit bull. >> how much would it cost. >> it's revenue neutral. >> i'm talking about the cut, we'll get to the deductions. >> the cut in tax rates is lower all american tax rate by 20%. >> how much does that cost. >> it's revenue neutral. >> stephen: okay, revenue neutral, chris. but for some reason wallace wouldn't take no answer for an answer. (laughter) jim? >> well, it's not revenue neutral unless you take away the deduction. >> let me just -- >> you haven't given me the math. >> well, i don't have-- it would take me too long to go through all of the math. >> stephen: great answer. (laughter) why-- (cheers and applause) great answer why is it a great answer? well, it would take m
cut. >> the obama camp says independent groups say if you cut those tax rates for everybody 20%, it costs $5 trillion over ten years, true? >> not in the least bit true. >> stephen: true, not true, who cares? (laughter) it's over ten years. romney and ryan will only be in office for eight of those. let president bachmann worry about it in 2020. that is what hindsight is for. but folks, just listen to this pit bull. >> how much would it cost. >> it's revenue...
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there are $300 billion worth of tax cuts. it is easy to get tax cuts. sending people their money back. $200 billion of aid to states which giving to states so they don't have to cut their teachers and cops or reduce their medicaid services. we know how to give up $250 checks to seniors like the stimulus did or food stamps or unemployment benefits but the stuff that was spent people expected there to be a lot of fraud. 5% to 7% so far they put basically the toughest investigators in washington who is a guy who broke open the jack abrams of scandal and cause the oil regulators sleeping with oil executives, to oversee the stimulus and they found so far $7.2 million of fraud -- ted deutch elson implementation story federal lot more fun than they sound about the weatherization division and -- which was known as the turkey farm at the department of energy because that is where. basically send -- is impossible to get rich republican employees so he thought if you kill the weatherization program he would put the worst employees there and kill it and tell the st
there are $300 billion worth of tax cuts. it is easy to get tax cuts. sending people their money back. $200 billion of aid to states which giving to states so they don't have to cut their teachers and cops or reduce their medicaid services. we know how to give up $250 checks to seniors like the stimulus did or food stamps or unemployment benefits but the stuff that was spent people expected there to be a lot of fraud. 5% to 7% so far they put basically the toughest investigators in washington...
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i don't have a tax plan that is 4.8 trillion, i am not going to cut taxes on the rich. i don't have a voucher plan, i love teachers, i think we need more of them. don't believe me, speaker gingrich was eloquent in the primaries, saying that mitt romney will say absolutely anything to get elected. >> the president had 90 minutes, now, if he had done his homework and prepared, if he had actually studied romney, why didn't he say it? virtually every analyst has said, and even your deputy campaign manager has said the charges -- was made wrong. forgetting that for a second, the job of the president is supposed to be able to be competent and to stand up for what he believes in and articulate what is wrong. mitt romney walked over him. >> and alex, you mentioned the president is air born to the golden state, a star studded concert with katy perry, and tuesday, campaigning in ohio, meanwhile, mitt romney had a rally last night in florida and stays in florida for a second day, more campaign events later in that swing state. >> yeah, i think you left out george clooney, because
i don't have a tax plan that is 4.8 trillion, i am not going to cut taxes on the rich. i don't have a voucher plan, i love teachers, i think we need more of them. don't believe me, speaker gingrich was eloquent in the primaries, saying that mitt romney will say absolutely anything to get elected. >> the president had 90 minutes, now, if he had done his homework and prepared, if he had actually studied romney, why didn't he say it? virtually every analyst has said, and even your deputy...
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abolish the irs with one federal consumption tax, in this case, i'm embracing the fair tax. i think that's the answer to tens of millions of american jobs. you got romney talking about tariffs on china? what about the notion of free market? you got both of them arguing over who is going to spend more money on medicare when we ought to have a raging debate in this country over how we're going to cut medicare because we're never going to balance the budget if we don't take on really difficult issues, and medicare is really the budget buster. david: gary, i thought other than that, you thought they were terrific? i'm joking, i'm joking, i'm joking, gary. we are having difficulty with the satellite in denver, and when it's back, we'll continue, but we have gary johnson as the guest, a libertarian candidate. i appreciate what you are saying. i'm surprised, and i expect tea partyers and other republican conservatives might have been upset at the fact that mitt romney didn't express enough talk about getting rid of the big government spending, and, in fact, they talked about keepin
abolish the irs with one federal consumption tax, in this case, i'm embracing the fair tax. i think that's the answer to tens of millions of american jobs. you got romney talking about tariffs on china? what about the notion of free market? you got both of them arguing over who is going to spend more money on medicare when we ought to have a raging debate in this country over how we're going to cut medicare because we're never going to balance the budget if we don't take on really difficult...
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payroll tax, real estate tax, gas tax, on and on and on. the president raises the rates to 5%, most businesses work on 5% or 8%. how much more can they sustain? that reduces jobs, kills us. neil: that's your point; right, dave? >> exactly. you know, there's no 5% there. our goal is 2 #.5%, neil. our goal -- >> if we're lucky. neil: goal is 2.5% -- >> in a good economy. 2.5% net in a good economy in the business we do today. add 5% there -- >> you're done. >> 2.5% in the red, that's right. neil: if you hear mitt romney saying i'm going to essentially get off your back, going to roll back regulations. he was not specific which, make sure the government cools it on taxes, didn't say to the degree of what allowances and writeoffs and deductions he limits, were you either troubled by the fact it might be a wash? that you, for example, in your case for your catering business, you might see, butch, no tax savings at all, but you might have a lower rate, but can't deduct as much. >> that will kill us. without disposable income for me to spend or gr
payroll tax, real estate tax, gas tax, on and on and on. the president raises the rates to 5%, most businesses work on 5% or 8%. how much more can they sustain? that reduces jobs, kills us. neil: that's your point; right, dave? >> exactly. you know, there's no 5% there. our goal is 2 #.5%, neil. our goal -- >> if we're lucky. neil: goal is 2.5% -- >> in a good economy. 2.5% net in a good economy in the business we do today. add 5% there -- >> you're done. >> 2.5%...
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Oct 1, 2012
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true tax reform has the effect of lowering tax rates for everybody, but all these special interest groups, precious loopholes and deductions -- i am on the general public's side, i am against the interest groups in washington. if he proposes that, that is a true thing and that could work in the end. >> not to rob the obama people of credit for their advertising campaign, but let me remind you, these wounds have been self- inflicted. you want to get $10,000, rick perry? ann drives a couple of cadillacs. we're building a car elevator in our home. i like to fire people these were all voluntarily offered by mitt romney. >> and he has taken responsibility for that. >> the reason he does not lay out what you say is, among other things, there are studies that disputed, and people will say, you are going to take away mortgage tax deductions? suddenly everybody is up in arms. >> not necessarily true. you can say that anybody over a certain amount can only deduct up to 2% of income -- >> now you are into the weeds. >> it is not the week, it is the facts. >> that's get into the weeds. >> are you mak
true tax reform has the effect of lowering tax rates for everybody, but all these special interest groups, precious loopholes and deductions -- i am on the general public's side, i am against the interest groups in washington. if he proposes that, that is a true thing and that could work in the end. >> not to rob the obama people of credit for their advertising campaign, but let me remind you, these wounds have been self- inflicted. you want to get $10,000, rick perry? ann drives a couple...
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they were not taxes of the last four years they are taxes of the future. you have had massive regulation in the last four years and executive orders coming out of the federal government and viserating the congressional man date and letting the bureaucracy run the country and you have lists of them down here of over 900 executive orders and where they are abdicating the responsibility of congress and legislature and giving it to the burrcrats to run the country. it is outrageous. >> what i thought was so interesting about vice-president biden's comments 24 hours before the presidential. but setting up the middle class is effected and that is what mitt romney said middle class is suffer it has been the last four years. >> the economy is suffering under the government intervention. we often times don't think of regulations as being a tax. it is a tax not only on wealth creation but individual freedom and take the credit card act that was regulation and pass , a few years ago and had hoped to help the middle class . it made credit more expensive and difficult
they were not taxes of the last four years they are taxes of the future. you have had massive regulation in the last four years and executive orders coming out of the federal government and viserating the congressional man date and letting the bureaucracy run the country and you have lists of them down here of over 900 executive orders and where they are abdicating the responsibility of congress and legislature and giving it to the burrcrats to run the country. it is outrageous. >> what i...